Acan Plastics to be sold to Pakaflex
17th September 2003
It was announced today that Pakaflex Pty Ltd has agreed to the purchase of Acan Plastics on the 30th of September. Managing Director of Pakaflex, Mr. Andrew Hamer said "This is a very exciting opportunity, as there is a clear market opportunity for a smaller, dynamic company to provide service and support to the plastic films industry." Acan plastics has been manufacturing in Melbourne since 1989 and already has a significant presence in the specialty bakery bag and timber wrap markets.
Pakaflex is a new company, wholly Australian owned and operated. In addition to manufacturing, printing and bag-making a range of polyethylene films, Pakaflex will also supply a broader range of film and bag products which are either manufactured or distributed by Pakaflex. "I see Pakaflex gaining a position as a solid supplier for companies not able to meet the order sizes requirements of the big companies." Continued Mr. Hamer. "We aim to be more flexible, more responsive and eventually more innovative than our competitors."
For More Information Contact:
Andrew Hamer, Managing
Director
2e Cochrane Street, Mitcham
Tel: (03) 9874 4555